Does it come with a EEZ?

So far, Indonesia has weathered the global economic down turn better than many nations in Asia. The government is projecting GDP to grow by 4 and a half percent this year, more than most of its ASEAN partners. And according to foreign investors in the country there is reason to be optimistic about its future growth. A recent survey by the banking and insurance group ING ranked Indonesia third after China and India in terms of investor confidence.

Indonesia is mulling some plans to “put up for sale” its inhibited small islands as shelters for environmental refugees thanks to the climate change which was likely to disappear some of Small Island States. Maritime Affairs and Fisheries Minister Freddy Numberi raised the idea over concern of sea level rise due to climate change which would end up under water low-lying countries.

Economy, Politics Halt Steel Firm's Bid to Secure Iron Ore ArcelorMittal is suspending a potential $8 billion investment in Indonesian steelmaking facilities, amid the economic downturn and after more than a year of deadlocked negotiations. The deal was aimed at capturing key supplies of iron ore and reducing the reliance of the company, the world's largest steelmaker by production, on big suppliers like Cia. Vale do Rio Doce SA, BHP Billiton PLC and Rio Tinto PLC.

Monday (ANTARA News) - The number of foreign tourists arriving in Manado last March grew by 33.49 percent compared to the same month in 2008 -- a fact attributed to the upcoming World Ocean Conference (WOC) and Coral Triangle Initiative (CTI) Summit. In March 2009, 2,013 foreign tourists visited the North Sulawesi provincial city and the number is predicted to increase in May during the WOC and CTI Summit from May 11-15, 2009.

Graft Trial Resumes for Justice Ministry Case TEMPO Interactive, Jakarta: Trials of a corruption case at the Justice and Human Rights Ministry resumed on Monday as South Jakarta Court brought in another former officials Romli Atmasasmita. The first trial last week presented another former Director General of the General Law Administration Syamsuddin Manan Sinaga.